Consumer Confidence Continues to Drop as Gas Prices Rise

Shoppers on their way to the mall are increasingly noticing prices at the gas station — and they’re not liking what they see. March consumer confidence fell 6 percent from last month, slipping back to levels last seen in December, according to the University of Michigan’s closely watched Surveys of Consumers. More from WWD “Declines were seen across age and political party,” said Joanne Hsu, director of the Surveys of Consumers. “Consumers with middle and higher incomes and stock wealth, buffeted by bot ...